Although experts anticipate more inventory reaching the used car market, increased supply may not translate into meaningful relief from elevated prices.
February used-vehicle sales rise to 1.41M, inventory tightens to 42 days’ supply, and prices soften slightly, Cox Automotive ...
Elevated auto loan rates in Q1 2024 are hindering new and used car shoppers, according to Edmunds. Its analysts say affordability challenges highlighted by stubbornly high interest rates are impeding ...
Used vehicle retail prices decreased 3% year-over-year in February, according to the used car CPI index, while interest rates on used automobile loans tracked 60- ...
The average used car now costs around $26,000. Here’s how I bought a Lexus for $8,000.
WASHINGTON, D.C. — The Consumer Federation of America analyzed the most recent Federal Reserve Board Survey of Consumer Finances and reported that Latinos pay much higher used-car loan rates than do ...
New car financing is available for under 4% APR for borrowers with high credit scores Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for ...
Used vehicle shoppers keep arriving at dealerships with budgets shaped by pre-pandemic memories, only to find price stickers that feel disconnected from those expectations. Even as new-car lots refill ...
It can be a smart money-saving move to buy a used vehicle instead of a new one. The average price gap between new and used vehicles is more than $20,000, according to recent Edmunds’ sales data. But ...
New car sales bottomed out in 2022, the peak year of COVID-19-era shortages that hobbled assembly lines. Now, that slow year for new cars is coming back to haunt used car shoppers. The three-year-old ...
Current and prospective electric vehicle owners can finance or refinance with Tenet’s loans ...
Carleton — Hundreds of used vehicles rolled through the auction aisles of Manheim Detroit on Thursday as dealers in person and online scrambled to make their bids to shore up inventories in ...